[Near CBD | no onsite residence and no fixed office hours | salary accounts for 80% of total net income $ $333000/year
Permanent Management Rights for Sale in Moorooka, QLD — $1,790,000
Key facts
- Price
- $1,790,000
- Location
- Moorooka, QLD 4104
- Type
- Permanent Management Rights
- Net income
- $333,000 (actual)
- Caretaking remuneration
- $267,000
- Agreement term (years)
- 25
- Agreement remaining (years)
- 15
- Office hours
- NO
- Listed by
- Cedar Realty
- Listing ID
- 21175326
- Last updated
- 2026-10-13
Description
Business Highlights
- High Body Corporate Salary: Annual salary of $267000, representing 80% of net profit, offering a highly stable income structure.
- Salary increases annually in line with CPI, ensuring consistent growth.
- Total annual income: $349,000 Net profit: $333,000
- Purchase includes the business and a separately titled office:
* Business price: $1.64 million
* Office price: $150,000
* Total price: $1.79 million
- high-yield investment opportunity.
Operational Advantages
- Caretaking agreement has no set office hours, no onsite residence requirement, and no gate or CCTV system - making the complex easy to manage.
- Body Corporate covers pool maintenance and part of the gardening costs, resulting in low workload.
Prime Location
- Only 7 km from Brisbane CBD
- Walking distance to bus stops, train station, schools, and parks
- Just a few minutes’ drive to major shopping centres
- Strong rental demand with zero vacancy rate
Key Information
Item Details
Module: Accommodation Module (long-term rentals)
Agreement Term: 25 years (remaining term TBA)
Building Type: Apartments & Townhouses
Building Age: Approx. 15 years
Total Units: TBA
Letting Pool TBA
Amenities Swimming pool + gym
Pet Policy Pets allowed with Body Corporate approval
- High Body Corporate Salary: Annual salary of $267000, representing 80% of net profit, offering a highly stable income structure.
- Salary increases annually in line with CPI, ensuring consistent growth.
- Total annual income: $349,000 Net profit: $333,000
- Purchase includes the business and a separately titled office:
* Business price: $1.64 million
* Office price: $150,000
* Total price: $1.79 million
- high-yield investment opportunity.
Operational Advantages
- Caretaking agreement has no set office hours, no onsite residence requirement, and no gate or CCTV system - making the complex easy to manage.
- Body Corporate covers pool maintenance and part of the gardening costs, resulting in low workload.
Prime Location
- Only 7 km from Brisbane CBD
- Walking distance to bus stops, train station, schools, and parks
- Just a few minutes’ drive to major shopping centres
- Strong rental demand with zero vacancy rate
Key Information
Item Details
Module: Accommodation Module (long-term rentals)
Agreement Term: 25 years (remaining term TBA)
Building Type: Apartments & Townhouses
Building Age: Approx. 15 years
Total Units: TBA
Letting Pool TBA
Amenities Swimming pool + gym
Pet Policy Pets allowed with Body Corporate approval